Wall Street analysts made numerous calls on Monday including upgrades, initiations and one downgrade. Morgan Stanley named eBay a top pick citing strong growth in Live Commerce, a market that grew to $27 billion over the past two years with an estimated 22% CAGR to 2030. JPMorgan raised its price target on Apple to $360 per share from $340, while Bank of America upgraded Salesforce to buy from underperform citing a strong enterprise AI strategy. Pivotal raised its price target on SpaceX to $230 per share, forecasting Starlink reaching 160 million global mobile subscribers by 2036. Wells Fargo downgraded Adobe to underweight from overweight, citing cracks in third quarter results and risks to fiscal 2027 guidance.
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